Additional Lexus warranties
Advanced
Joined: Mar 2015
Posts: 566
Likes: 50
From: Ontario
Peace of mind for me generally means money staying in my wallet rather than contributing to the F&I department's income.
Lexus Test Driver
Joined: May 2014
Posts: 1,059
Likes: 3
From: tx
Spot on. All the adds on can be negotiated. Dealers make as much as 100% profit on some services. the most important thing is to read fine prints and ask all the questions, for example dent package will only fix the dents that are fixable and they will not paint it. The tires package is only up to $200 towards the new tire, only if the tire was damages by the road, will not include nails etc... Ask everything and ask for the fine prints.
Lexus Test Driver
Joined: May 2014
Posts: 1,059
Likes: 3
From: tx
I help people sometimes to buy cars for a few hundred bucks depends on the case, but I dont have any agreement with any dealer, i would think its not in their interest to sell the car $100 over the true cost. Even if I brought the customer. Why would they do that? They could do this all day long to their customers, unless you a friendly with the GM.....
I had a working agreement with the sales managers of local dealers who sold virtually any make of vehicle. They agreed to sell my customers vehicles for $100 over their true cost (not invoice). I would then charge the customer a $100 fee, and the customer would end up buying the vehicle for $200 over the true cost of that vehicle. It was an arrangement that benefited both the customer and the sales manager. The customer was able to buy a vehicle at a good price without having to deal with haggling for that price or spending lots of time, and the sales manager was able to sell that vehicle by spending a minimum amount of time and without having to pay a salesperson a commission. I also had agreements that allowed me to sell my customers typical dealer add ons, such as extended warranties, and I typically sold them to my customers (if they really wanted them) for $25 over my cost, which was only a fraction of what the dealers normally would have charged.
Lead Lap
Joined: Aug 2013
Posts: 4,279
Likes: 1,034
From: Illinois
I help people sometimes to buy cars for a few hundred bucks depends on the case, but I dont have any agreement with any dealer, i would think its not in their interest to sell the car $100 over the true cost. Even if I brought the customer. Why would they do that? They could do this all day long to their customers, unless you a friendly with the GM.....
Thread
Thread Starter
Forum
Replies
Last Post
isosunrise
IS - 3rd Gen (2014-present)
6
Jan 29, 2017 07:40 PM
verly6565
GS - 3rd Gen (2006-2011)
4
Jun 19, 2015 06:22 PM
verly6565
Wheels, Tires & Brakes Forum
0
Jun 17, 2015 07:46 PM
